Random thoughts on technology, business, economics, new media, politics, local affairs in the Capital Region, music, the collapse of community, the corruption of the American Dream, fighting the evil bastards amongst us and suggestions for fixing this fucking mess.

"I ain't here to make friends, cowboy; I'm here to tell you the ugly truth. So you might as well get out of that warm bed and deal with it."

May 28, 2013

But the thinking here is that the framing of this argument as it being a form of debt does not meeting the traditional qualifier of an overvalued asset is missing the bigger point: that a huge financial debt load on a young person entering the work force stifles innovation -- and thereby stifles economic growth.

How? This person is far less likely to take the risk of starting a new enterprise when a fat monthly check needs to be mailed to the bank. Instead, it's a more logical path to go "work for the man", get that steady income flow and save the aggravation.

Not good; especially when considering that this is the demographic of people most likely to do so in the past.

May 26, 2013

At least a certain contributor to a certain magazine is published as thinking so ( see link below) ...

Running
the $'s can be mind-numbing, so I don't know the validity of this
author's argument of "guess what? It IS affordable after all!"

But you an take this to the bank: the premiums in the red states WILL be
relatively higher than what has been see in the first 3 states to
publish. So don't be surprised. The con's will rig it that way to
inflame their soldiers.